Economics Teachers, Postsecondary Salary in New York-Newark-Jersey City, NY-NJ
In New York-Newark-Jersey City, NY-NJ, economics teachers, postsecondarys earn $157,180 at the median. The range runs from $65K at the entry level to $225K for experienced workers. Prices run high here (RPP 112.56), so that salary is closer to $139,641 in real purchasing power. A 2-bedroom apartment runs $2,910/month — about 31.4% of take-home, which is tight.
AffordMap analysis of BLS Occupational Employment and Wage Statistics (latest release, May 2024)
So what does $157K get you in New York-Newark-Jersey City?
About economics teachers, postsecondarys
Compensation breakdown
Annual earnings by percentile, New York-Newark-Jersey City, NY-NJ
Entry-level economics teachers, postsecondarys (10th percentile) start around $65K. Mid-career wages sit at $157K.Top earners bring in $225K or more - a $160K spread from bottom to top.
Economics Teachers, Postsecondary pay across states
Median income ranked highest to lowest, compared to the national figure
| State | Median salary | vs. national | Employment |
|---|---|---|---|
| New Hampshire | $155K | +29% | 90 |
| Connecticut | $137K | +14% | 310 |
| Massachusetts | $135K | +13% | 760 |
| District of Columbia | $135K | +12% | 180 |
| New York | $134K | +12% | 1,360 |
| California | $133K | +11% | 1,050 |
| Arizona | $132K | +10% | 90 |
| Maryland | $128K | +7% | 180 |
| Virginia | $127K | +6% | 460 |
| New Jersey | $127K | +6% | 350 |
| Illinois | $125K | +4% | 520 |
| Michigan | $124K | +3% | 340 |
| Texas | $122K | +1% | 850 |
| Pennsylvania | $120K | +0% | 620 |
| Maine | $118K | -2% | 70 |
Track economics teachers, postsecondary salary changes
BLS updates this data quarterly. We'll email you when New York-Newark-Jersey City numbers change.
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Frequently asked questions
How much do economics teachers, postsecondarys make in New York-Newark-Jersey City, NY-NJ?
The median is $157,180 a year. The range is wide: entry-level workers start around $65,110, and experienced economics teachers, postsecondarys can clear $225,300. These are BLS numbers, based on employer-reported data, not self-reported surveys.
Is $157K enough to live in New York-Newark-Jersey City?
On that salary, you'd take home roughly $9,150/month after taxes. A 2-bedroom here rents for about $2,910/month (HUD Fair Market Rent), which eats 31.8% of your paycheck. That's above the 30% rule of thumb - housing will be a stretch at the median salary, though you can manage with roommates or a smaller place.
How far does a economics teachers, postsecondary salary go in New York-Newark-Jersey City?
New York-Newark-Jersey City has a Regional Price Parity of 112.56 (100 is the national average). Prices are above average here, so your dollar buys less than the same salary would in a cheaper metro. After cost-of-living adjustment, the median economics teachers, postsecondary salary is worth about $139,641 in national-average purchasing power.
Where do economics teachers, postsecondarys get paid the most?
The table above ranks every state by median pay for this role. Keep in mind that the highest-paying states tend to have the highest costs of living, so the top salary doesn't always mean the most money in your pocket.